Brief: ATA Declares Special Cash Dividend Of US$6.00 Per ADS

ATA Creativity Global

08/08/2018 14:24

Aug 8 (Reuters) - ATA Inc  ATAI.O :
    * ATA DECLARES SPECIAL CASH DIVIDEND OF US$6.00 PER ADS, 
PROVIDES
UPDATE ON ATA ONLINE SALE TRANSACTION
    * ATA INC - ANTICIPATE CONSUMMATING FINAL CLOSING OF ATA
ONLINE
SALE TRANSACTION EARLIER THAN DEADLINE OF LATE Q3 2018
    * ATA INC - TOTAL AMOUNT OF CASH DISTRIBUTED IN DIVIDEND IS
EXPECTED TO BE APPROXIMATELY US$140 MILLION
    * ATA INC - IF TRANSACTION NOT COMPLETED, CO WILL CONTINUE
TO
CONDUCT ONLINE-RELATED BUSINESS AND EVALUATE OTHER STRATEGIC
OPPORTUNITIES

Source text for Eikon:  ID:nGNX45nM6v 
Further company coverage:  ATAI.O 

 (Reuters.Briefs@thomsonreuters.com)